AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Bad News is Good News
The Compound and Friends
The VIX Is a Fear Indicator of Puts and Calls for the Near-Term S&P 500
The VIX is designed to tell you what do people expect the S&P 500 to move on a yearly basis in the next year. But if you want to know what's the daily swing, you divide by 16. The VIX at 32 implies that the market is expecting a 2% move on a daily basis for the next 30 days. That is extraordinarily high volatility. It doesn't mean 20 days from now we can have people going crazy and buying more puts in it.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode